PRESS ARCHIVE

NextStage Client Captures Ernst & Young Entrepreneur of the Year Award

Collegeville, PA – July 2003 – Hundreds of men and women who have built and grown leading businesses vied for this year’s Ernst & Young Entrepreneur of the Year Award. Winners and finalists of this prestigious award were honored on June 27, 2003 at the Philadelphia Marriott in Philadelphia, PA. Among the winners was NextStage client, Octagon Research Solutions. Satori Group, another NextStage client, was honored as a finalist.

Octagon Research Solutions’ President and CEO, James C. Walker, received the Greater Philadelphia Ernst & Young Entrepreneur of the Year Award in the Emerging Growth category. Octagon is a leading provider of regulatory, clinical information management, processes and information technology products and services to the life sciences industry.

"This success is a testament to the hard work and determination of our entire team. In less than four years, we have grown the company from a start-up to profitability, increasing our single digit employee base to more than 60," said Mr. Walker. "We must also credit our strategic partners. NextStage Advisors, for one, has been instrumental in our early development. We look forward to our continued long-term relationship."

Robert J. Kabel, President and COO of Satori Group, was selected as a finalist, also in the Emerging Growth category. Satori Group is a leading provider of business performance management (BPM) software to the middle market enterprise.

"During the past year, Satori Group has gained significant market share with over 45 new clients. Despite the extremely competitive nature of the BPM market, we have successfully landed major lighthouse accounts," said Mr. Kabel. "We are rapidly establishing ourselves as a powerful driving force for BPM software within the middle market enterprise, and I attribute this success to our outstanding team of professionals.”

“We’re delighted that two of our clients were honored by Ernst & Young’s Entrepreneur of the Year Award,” added Dan McKinney, Managing Partner at NextStage. “It’s an esteemed award, and they both deserve the recognition. Octagon and Satori have proven through difficult times that they are not just successful but are well positioned to become market leaders in their fields.”

About NextStage Advisors
Founded in 2003, NextStage Advisors strengthens young companies by improving their value proposition and better positioning them to attract venture capital. Focused on advising growth stage companies and preparing them for fundraising and long-term success, NextStage's expertise as veteran VCs and business operators includes identifying new market opportunities and modifying companies' business models, funding strategies, go-to-market strategies, and financial models to take them to the next stage. For further details, please visit our web site at www.NextStageAdvisors.com.

About Octagon Research Solutions, Inc.
Octagon is a leading process-centric solutions provider that offers a suite of regulatory electronic submissions, regulatory affairs, clinical data management, statistical, and information technology services to the life sciences industry. Partnering with its clients across the entire clinical research and drug development process, Octagon offers a seamless, fully integrated electronic approach, that manages information from the beginning of a clinical trial to the submission of data to the health authorities. Streamlining the entire clinical R&D process reduces the submission production time, resulting in a significant cost-savings and quicker product time-to-market. For more information, please visit www.octagonresearch.com.

About Satori Group, Inc.
Satori Group, Inc. is a leading provider of business performance management (BPM) software to the middle market enterprise (MME). Via Microsoft® Excel, the most commonly used analytical tool in business today, proCube™ allows clients to leverage their existing skills and experience unparalleled ease of use, flexibility and accuracy in planning, reporting and analysis tasks. By capturing live data stored in financial and operational systems, the proCube application empowers users to transform data into actionable information to measure performance, predict business outcomes, and make profitable decisions across the enterprise. For more information, please visit www.satorigroupinc.com.

The Entrepreneur Of The Year® (EOY) program, founded by Ernst & Young in 1986, was created to celebrate the accomplishments of the world's outstanding entrepreneurs and to make the public more aware of the benefits they provide to our society. Regional EOY programs are held in 37 U.S. locations and over 35 countries around the world. You can learn more about the EOY program at www.ey.com/us/eoy.

Notes:
Microsoft® Excel is a registered trademark of Microsoft Corporation. proCube™ is a trademark of the Satori Group, Inc.